This book helps build a cyber ecology powered by Blockchain technology where people and technology may coexist together. Blockchains have demonstrated how reliable, decentralized ledgers of permanent data can be stored online.
The cost of transactions is anticipated to be greatly reduced by the decentralization of the recording process.
By creating a data ledger, a blockchain enables the identification of the owner of each piece of data as well as the trading and marketing of those pieces of data.
This book investigates the development of markets for various forms of data using M. Yano's theory of market quality. Blockchains are anticipated to inform data directly about the status of a brand-new production factor. Blockchains can lessen the likelihood of information leakage, improve the sharing and use of IoT data, and avoid data monopoly and misuse by transferring ownership of data into the hands of data producers.
